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Affordable
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These days, finding an affordable place to live in the Mount Vernon area can be challenging. Home prices in Mount Vernon are now at a median cost of $830,423, higher than the Virginia average of $443,089.
The average cost of rent is $2,779/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. In Mount Vernon, 26.54% of households rent, and 27.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $13,546 per month. Households that rent pay about 20.52% of their income on rent here. Mount Vernon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fort Belvoir, VA: equally priced homes
- Fort Hunt, VA: higher priced homes
- Franconia, VA: less expensive homes
- Belle View, VA: less expensive homes
- Jefferson Manor, VA: less expensive homes
- Huntington, VA: less expensive homes
- Mason Neck, VA: higher priced homes
- Alexandria, VA: less expensive homes
- Bryans Road, MD: less expensive homes
- Newington, VA: less expensive homes
Cities with Similar Populations
- Hartsdale, NY: less expensive homes
- Stevensville, MD: less expensive homes
- Statham, GA: less expensive homes
- Starke, FL: less expensive homes
- St. Peter, MN: less expensive homes
- St. Marys, PA: less expensive homes
- St. Marys, OH: less expensive homes
- St. Johns, MI: less expensive homes
- Spring Grove, PA: less expensive homes
- Hazel Crest, IL: less expensive homes
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